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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: clochard who wrote (84529)2/17/2000 11:02:00 AM
From: BGR  Read Replies (3) of 86076
 
Good post. Let's analyze these components one by one.

Mortgages remain constant with inflationary pressure unless one has one year ARM. So they are a non-issue.

Rents have gone up by about 5%/year in the past 10 years in the Boston Metropolitan area. This, BTW, is one of the costliest housing markets in the USA. So, in other places, the rents are probably up at a much lower annual rate.

Gasoline prices are up by about 45% over the last 10 years in the Boston area. That's a 3.7% annual increase. Again, the northeast being the coldest in the country as well as at the end of the pipelines have a higher rate of increase.

Medical insurance and prescriptions have gone down or remained steady due to the role played by HMOs as well as technology improvements. This, in fact, amounts to a deflation since the quality of health care has gone up.

Utilities like telephone have been slashed by about 50% or more with deregulation.

Food, in my experience, has remained more or less the same.

Overall, inflation remains tame.
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